Bitcoin Price Drops as Spot ETF Outflows Surge Amid Rising Stagflation Concerns – Market Analysis
Key Points:Bitcoin (BTC) slumped to $111,917, marking a six-session losing streak amid macro fears and weakening sentiment.BTC-spot ETFs saw $642.9M in outflows last week, snapping a seven-week inflow streak and fueling bearish pressure.BTC outlook hinges on U.S. data, Fed policy signals, ETF flows, and the CLARITY Act’s progress in Congress.Bitcoin Slides as Stagflation Fears Trigger ETF Outflow SurgeBitcoin (BTC) fell 0.67% on Saturday, August 2, following Friday’s 2.1% slide, closing at $112,